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Friday, August 11, 2006

Incuity Gets Series A Funding

Mission Viejo-based Incuity Software has raised a Series A venture round, the firm said today. Incuity, which develops business intelligence software for the manufacturing industry, raised the venture round from American River Ventures and Palomar Ventures. Other investors also included HamiltonTech Capital Partners, Fipco Ventures, and local angel investors. As part of the funding, John Kunhart of ARV and Randy Lunn of Palomar will join the board. Incuity said that the funding would be used to grow its sales and support channel, along with strategically growing its workforce and accelerating product development. More information »